Access Restricted for EU Residents
You are attempting to access a website operated by an entity not regulated in the EU. Products and services on this website do not comply with EU laws or ESMA investor-protection standards.
As an EU resident, you cannot proceed to the offshore website.
Please continue on the EU-regulated website to ensure full regulatory protection.
Tuesday Apr 14 2026 02:41
2 min

Commodity Market Today: Precious metals markets are experiencing heightened volatility as geopolitical uncertainty returns to the forefront.
Gold (XAU/USD) and silver prices are swinging erratically amid growing concerns that the tentative US-Iran ceasefire is beginning to fracture, reminding investors that geopolitical risk premiums remain a key driver for safe-haven assets.
As of April 13, 2026, gold settled at $4,757.49 per ounce, posting a modest 0.12% daily gain. However, the metal has faced significant pressure over the past month, falling nearly 5%.
Silver followed a similar volatile path, closing at $75.62 per ounce on April 13, down 0.07% for the day and 6.35% lower over the past month.
Key Market Drivers:
Rollercoaster Sessions: The market has experienced extreme intraday volatility, with prices swinging dramatically based on ceasefire rhetoric and regional developments.
Despite the recent pullback, gold remains 48.10% higher year-over-year, highlighting its strong structural bull run. The current volatility underscores how quickly geopolitical developments can override other fundamental factors in the precious metals complex.
Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients.